Mortgage foreclosures keep on, keepin’ on. Post 162


January Foreclosure Activity Continues To Be Depressed Due To Robofraud, Judicial State REOs Plunge RealtyTrac by Tyler Durden 02/10/2011 “Unfortunately this is less a sign of a robust housing recovery and more a sign that lenders have become bogged down in reviewing procedures, resubmitting paperwork and formulating legal arguments related to accusations of improper foreclosure […] . . .

Read More: Mortgage foreclosures keep on, keepin’ on. Post 162

Tax lien foreclosure in Wyoming…Post 161


Has anyone heard of buying tax foreclosure property in Wyoming? February 1st, 2011 I saw a blog and the 5 comments had lots of inaccurate information. I thought you should be apprised of what passes for informed thought in America these days. I indicated the incorrect comment in bold and labeled it (INCORRECT) I left […] . . .

Read More: Tax lien foreclosure in Wyoming…Post 161

Is commercial tax delinquent property a good beginner investment? Post 160


Coach Mitch’s REFLECTIONS™   Another subscriber question. Hi Mitch, Have you ever done this … (tax delinquent property investing…ed.note) with Commercial Real Estate ? Thanks, Angelo ************* Angelo, Thank you for the question. Investing in commercial tax delinquent property is done in the same manner as residential property investing. Typically though, the sellers are more […] . . .

Read More: Is commercial tax delinquent property a good beginner investment? Post 160

Tis the season to be buying…Fa la lalalaaa, la laa laa laaaa…Post 157


Coach Mitch’s REFLECTIONS™   When is the best time to buy real estate? What a great question. I have never heard anyone ask that question, have you? Think about it. Everyone asks, “When is the best time to sell?” That’s the way we think. We don’t think in advance. We wait until we own something, […] . . .

Read More: Tis the season to be buying…Fa la lalalaaa, la laa laa laaaa…Post 157

When can creative real estate investing be too creative? 156


Coach Mitch’s REFLECTIONS™   In hard times, people try harder When economic times are hard, we are all trying harder to be creative, to be flexible, to make something out of nothing, or to stretch the little we have into something that can be used. I was trying to rent a house. It’s one of […] . . .

Read More: When can creative real estate investing be too creative? 156

How do you evaluate a real estate investment? Post 153


Coach Mitch’s REFLECTIONS™   A most important skill for any investor, but especially for a real estate investor, is how to evaluate a transaction. Just say, “Yes!”™ Quickly differentiating what may be a good deal from what is probably a marginal or bad deal, is a necessary skill. We have all (me too) been guilty […] . . .

Read More: How do you evaluate a real estate investment? Post 153

Putting the bank in its place. Post 148


Coach Mitch’s REFLECTIONS™   When I read this letter, I loved it, and felt that it would gladden the heart of anyone who read it. The ‘haves’ are running the hen house (US) – into the ground. This allows for many opportunities. Those of you who want or need to put your financial house in […] . . .

Read More: Putting the bank in its place. Post 148

The price of protection in real estate investing. Post 147


Coach Mitch’s REFLECTIONS™   Get your guard up Homeowner’s insurance is a necessary part of the real estate investor’s armor. You can normally get your investment property included into your homeowners’ insurance policy, along with your car. The more you have to insure, the more valuable a client you become and you will qualify for […] . . .

Read More: The price of protection in real estate investing. Post 147

Fear, regret, and dreams not realized. Post 140


Coach Mitch’s REFLECTIONS™   The other day I sent a follow-up email to several persons who had contacted me. Here is a response. Hi Mitch: It is great hearing from you. I would love to chat some more. I was not expecting to hear from you out of the blue like this. I will try […] . . .

Read More: Fear, regret, and dreams not realized. Post 140

A little known real estate investing tactic – thank goodness! Post 137


This month, the city of Boise told Marcella Boylan that if she didn’t pay $241.55 owed for trash collection, her name would be published in a full-page newspaper ad to call attention to scofflaws. But Boylan never saw the letter. The 92-year-old’s nursing home caretakers forwarded it – like all her mail – to her […] . . .

Read More: A little known real estate investing tactic – thank goodness! Post 137